Unemployment in Estonia
The unemployment rate in Estonia averaged 6.3% in the decade leading up to 2022, which is below the Euro Area average of 9.2%. The unemployment rate in Estonia was 5.6% in 2022. For more unemployment information, visit our dedicated page.
Estonia Unemployment Chart
Note: This chart displays Unemployment Rate for Estonia from 2022 to 2021.
Source: Macrobond.
Estonia Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 4.5 | 6.9 | 6.2 | 5.6 | 6.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Estonian unemployment projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Estonian unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Estonian unemployment projections.
Want to get access to the full dataset of Estonian unemployment forecasts? Send an email to info@focus-economics.com.